ZCZL Industrial Technology Group Co (SHSE:601717) ROE %: 14.49% (As of Mar. 2026) — 22% Above Median

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SHSE:601717 ZCZL Industrial Technology Group Co Ltd SHSE:601717
74 GF Score
Price ¥15.34
GF Value ¥17.26
Valuation Modestly Undervalued
! 1 Warning Sign
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What is ZCZL Industrial Technology Group Co ROE %?

ZCZL Industrial Technology Group Co SHSE:601717 -2.36% 74 ROE % is 14.49% as of Mar. 2026, which is 22% above its 10-year median of 11.89. GuruFocus rates SHSE:601717 with a GF Score™ of 74/100 and a GF Value™ of ¥17.26 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 204 Farm & Heavy Construction Machinery companies, ZCZL Industrial Technology Group Co ranks better than 81.37% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. ZCZL Industrial Technology Group Co's annualized net income for the quarter that ended in Mar. 2026 was ¥3,568 Mil. ZCZL Industrial Technology Group Co's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ¥24,619 Mil. Therefore, ZCZL Industrial Technology Group Co's annualized ROE % for the quarter that ended in Mar. 2026 was 14.49%.

The historical rank and industry rank for ZCZL Industrial Technology Group Co's ROE % or its related term are showing as below:

SHSE:601717' s ROE % Range Over the Past 10 Years
Min: 0.65   Med: 11.89   Max: 18.61
Current: 17.53

During the past 13 years, ZCZL Industrial Technology Group Co's highest ROE % was 18.61%. The lowest was 0.65%. And the median was 11.89%.

SHSE:601717's ROE % is ranked better than
81.37% of 204 companies
in the Farm & Heavy Construction Machinery industry
Industry Median: 7.31 vs SHSE:601717: 17.53

ZCZL Industrial Technology Group Co  (SHSE:601717) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3568.412/24618.5575
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(3568.412 / 38157.708)*(38157.708 / 50886.589)*(50886.589 / 24618.5575)
=Net Margin %*Asset Turnover*Equity Multiplier
=9.35 %*0.7499*2.067
=ROA %*Equity Multiplier
=7.01 %*2.067
=14.49 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=3568.412/24618.5575
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (3568.412 / 4392.872) * (4392.872 / 3787.644) * (3787.644 / 38157.708) * (38157.708 / 50886.589) * (50886.589 / 24618.5575)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.8123 * 1.1598 * 9.93 % * 0.7499 * 2.067
=14.49 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


ZCZL Industrial Technology Group Co ROE % Related Terms


ZCZL Industrial Technology Group Co ROE % Historical Data

* Premium members only.

The historical data trend for ZCZL Industrial Technology Group Co's ROE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

ZCZL Industrial Technology Group Co ROE % Chart

ZCZL Industrial Technology Group Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 13.98 15.57 17.15 18.59 18.61

ZCZL Industrial Technology Group Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 19.62 25.67 20.01 10.96 14.49

SHSE:601717 vs CAT, DE, PCAR: ROE % Comparison

For the Farm & Heavy Construction Machinery subindustry, ZCZL Industrial Technology Group Co's ROE %, along with its competitors' market caps and ROE % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


ZCZL Industrial Technology Group Co ROE % vs Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, ZCZL Industrial Technology Group Co's ROE % distribution charts can be found below:

* The bar in red indicates where ZCZL Industrial Technology Group Co's ROE % falls into.


SHSE:601717
74GF Score
ZCZL Industrial Technology Group Co Ltd SHSE:601717
ROE % is just one metric. See GF Score™, valuation, warning signs, and more.
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ZCZL Industrial Technology Group Co ROE % Calculation

ZCZL Industrial Technology Group Co's annualized ROE % for the fiscal year that ended in Dec. 2025 is calculated as

ROE %=Net Income (A: Dec. 2025 )/( (Total Stockholders Equity (A: Dec. 2024 )+Total Stockholders Equity (A: Dec. 2025 ))/ count )
=4293.392/( (21950.8+24186.732)/ 2 )
=4293.392/23068.766
=18.61 %

ZCZL Industrial Technology Group Co's annualized ROE % for the quarter that ended in Mar. 2026 is calculated as

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=3568.412/( (24186.732+25050.383)/ 2 )
=3568.412/24618.5575
=14.49 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 14.49% mean?
ZCZL Industrial Technology Group Co (SHSE:601717) has a ROE % of 14.49% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ZCZL Industrial Technology Group Co and its competitors. This is 22% above median its historical median of 11.89. Over the past decade, ZCZL Industrial Technology Group Co's ROE % has ranged from 0.65 to 18.61. According to the industry distribution chart, ZCZL Industrial Technology Group Co ranks #38 out of 204 companies in the Farm & Heavy Construction Machinery industry, placing it in the top 18.6%.
Is ZCZL Industrial Technology Group Co's ROE % too high?
ZCZL Industrial Technology Group Co's current ROE % of 14.49% is 22% above median its 10-year median of 11.89. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 18.61. The Farm & Heavy Construction Machinery industry median ROE % is 7.31. ZCZL Industrial Technology Group Co's value of 14.49% is 98.2% above this industry median. Based on the distribution chart, ZCZL Industrial Technology Group Co ranks #38 out of 204 companies in the Farm & Heavy Construction Machinery industry, which is in the top quartile — a strong position relative to peers. Overall, ZCZL Industrial Technology Group Co has a GF Score™ of 74/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ZCZL Industrial Technology Group Co's ROE % compare to CAT and DE?
According to the Farm & Heavy Construction Machinery industry distribution chart, ZCZL Industrial Technology Group Co ranks #38 out of 204 companies for ROE %. This places ZCZL Industrial Technology Group Co in the top 19% of its industry — outperforming the majority of peers. The industry median ROE % is 7.31. ZCZL Industrial Technology Group Co's value of 14.49% is 98.2% above this benchmark. Historically, ZCZL Industrial Technology Group Co's own ROE % has ranged from 0.65 to 18.61 over the past decade. While the company's 10-year median is 11.89 vs. the industry median of 7.31, ZCZL Industrial Technology Group Co has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROE % for a Farm & Heavy Construction Machinery company?
The median ROE % among Farm & Heavy Construction Machinery companies is 7.31, based on 204 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. ZCZL Industrial Technology Group Co's current ROE % of 14.49% is 98.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on ZCZL Industrial Technology Group Co and its competitors. For the Farm & Heavy Construction Machinery industry, the median ROE % is 7.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZCZL Industrial Technology Group Co's current ROE % is 14.49%, which is 22% above median its own 10-year median of 11.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZCZL Industrial Technology Group Co stock overvalued right now?
Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co (SHSE:601717) is currently considered Modestly Undervalued. The stock's GF Value™ is ¥17.26, compared to a current price of ¥15.34 — trading 11.1% below its estimated fair value. The current ROE % is 14.49%, which is 22% above median its 10-year median of 11.89 and 98.2% above the Farm & Heavy Construction Machinery industry median of 7.31. ZCZL Industrial Technology Group Co's overall GF Score™ is 74/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROE % calculated?
ROE % is calculated from a company's financial statements. For ZCZL Industrial Technology Group Co (SHSE:601717), the current ROE % is 14.49% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is ZCZL Industrial Technology Group Co (SHSE:601717) Overvalued in 2026?

Based on GuruFocus' analysis, ZCZL Industrial Technology Group Co stock appears to be undervalued. The current stock price of ¥15.34 is trading 11.1% below its estimated GF Value™ of ¥17.26. GuruFocus considers ZCZL Industrial Technology Group Co to be Modestly Undervalued.

Key valuation signals for SHSE:601717:

  • ROE %: 14.49% (22% above median its 10-year median of 11.89)
  • GF Value™: ¥17.26 vs. price of ¥15.34 (11.1% below fair value)
  • GF Score™: 74/100 with 1 warning sign
  • Industry Position: 98.2% above the Farm & Heavy Construction Machinery median (#38 of 204)

No single metric tells the full story. See the SHSE:601717 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


ZCZL Industrial Technology Group Co Business Description

Other Exchanges 00564:Hong KongZGC:Germany
Address No. 167, 9th Street, Econ-Tech Development Zone, Henan Provincex, Pilot Free Trade Zone, Jingkai District, Zhengzhou, CHN, 450016
ZCZL Industrial Technology Group Co Ltd is an investment holding company. The Group is a supplier of coal mining comprehensive technology and equipment, and automotive parts manufacturing enterprise. The company's operating segment includes the manufacture of coal mining machinery, the manufacture of auto parts, and Industrial intelligence products. The main products are Intelligent working faces, Filling support, Caving support, Shield Support, Scraper Machine, and others. Geographically, the company operates in the PRC, Germany, and other countries.
74GF Score

Get the complete analysis for SHSE:601717

ROE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

¥15.34
Price
¥17.26
GF Value